$IOST in upward trend: 10-day moving average broke above 50-day moving average on November 13, 2024
The 10-day moving average for IOST.X crossed bullishly above the 50-day moving average on November 13, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 61%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 09, 2024. You may want to consider a long position or call options on IOST.X as a result. In 63 of 125 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 50%.
The Moving Average Convergence Divergence (MACD) for IOST.X just turned positive on November 07, 2024. Looking at past instances where IOST.X's MACD turned positive, the stock continued to rise in 31 of 63 cases over the following month. The odds of a continued upward trend are 49%.
IOST.X moved above its 50-day moving average on November 09, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a +7.05% 3-day Advance, the price is estimated to grow further. Considering data from situations where IOST.X advanced for three days, in 256 of 444 cases, the price rose further within the following month. The odds of a continued upward trend are 58%.
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